10036 10044 Alondra, Bellflower, CA 90706
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10036 10044 Alondra, Bellflower, CA 90706
10036 10044 Alondra, Bellflower, CA 90706
10036 10044 Alondra, Bellflower, CA 90706
10036 10044 Alondra, Bellflower, CA 90706
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$ 3,995,000
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10036 10044 Alondra Bellflower, CA 90706

0.85 Acres Lot


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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26204455

HOA Y/N No

Year Built 1929

Lot Size 0.846 Acres

Property Sub-Type Mixed Use

Property Description

*** A RARE Opportunity to ACQUIRE a FULLY ENTITLED & APPROVED 48-unit SENIOR HOUSING DEVELOPMENT in Bellflower California. Offered together with TWO existing INCOME PRODUCING RESIDENTIAL parcels. The existing properties consist of 8-Rental units generating $ 14,540 a month /
$ 174,480 yearly. Side note- Rent increases coming in a couple months. This is 2 separate parcels with 1 loan for the entire property. This is your chance to ACQUIRE a fully entitled senior housing development opportunity while benefiting from an existing income producing residential portfolio. Existing rental income provides an immediate income stream while the Buyer/Investor/Developer executes his Strategy for his Future Development with this Entire Property. Buy & Build at your Leisure to maximize terms and market. At $ 3,995,000 Sales Price with a Fully Entitled & Approved 48-units is only $ 83,229 a Door. With an estimated $ 2,150 Rents per unit conservatively for a completely Brand-New Build and all the amenities' totals
$ 103,200 a month with yearly total of $ 1,238,400 yearly. Development documentation available to qualified buyers/investors/developers. *** Take a look and the Architectural plans and AERIAL Video showing the front, sides and back of this Project in the Supplement Section. A RARE & WONDERFUL OPPORTUNITY to own a Brand New 48 Unit Senior Housing Development.

Location

State CA

County Los Angeles

Area Rg - Bellflower North Of 91 Frwy, S Of Alondra

Rooms

Other Rooms Second Garage

Interior

Interior Features All Bedrooms Up, All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Refrigerator, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Chain Link, Wood

Pool None

Community Features Curbs, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Neighborhood

Roof Type Composition

Total Parking Spaces 18

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Lawn, Landscaped

Story 2

Entry Level Two

Foundation Raised, See Remarks

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

Additional Building Second Garage

New Construction No

Others

Senior Community No

Tax ID 7109004005

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Rod Austin Home Base Realty Inc #01944483
Ethan Tran

Ethan Tran

Agent License ID: 1522444

+1(626) 862-6119

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10036 10044 Alondra